Dembele for £138m

17:55: Barcelona have agreed a deal worth up to £138million with Borussia Dortmund for Ousmane Dembele.

Barca have been trying to convince Dortmund to sell Dembele for the past few weeks after losing Neymar to Paris Saint-Germain for £200m.

According to beIN SPORTS, Barcelona have agreed a fee worth £110.6m (€120m) with Dortmund for the 20-year-old.

It is said the deal includes a possible £27.7m (€30m) in add-ons, taking the total transfer to £138.2m (€150m).

Rafinha to AC Milan

16:33: Rafinha has agreed to leave Barcelona and join AC Milan, according to reports.

Calciomercato claim Liverpool and Arsenal want to sign Rafinha.

But reports in Italy claim the player has agreed in principle to move to AC Milan.

Milan now have to work with Barcelona over a fee for the player.

Big spenders

14:00: Premier League spending in the current transfer window is already at an all-time record level, with a week remaining.

Figures released by Deloitte's Sports Business Group showed top-flight clubs had spent £1.17billion on players this summer by 9am on Thursday, breaking the record of £1.165m set last year.

That was already a 34 per cent rise on the previous record for a single window - and with time remaining this time around the numbers could rise to even more breathtaking levels.

Barca are buying the wrong player!

13:15: As Barcelona seek to prise Brazilian midfielder Philippe Coutinho away from Liverpool ahead of the transfer deadline, fans of the Merseyside club may be relieved that at least the Spanish club are not bidding for Sadio Mane.

Another electric performance by the Senegal winger against Hoffenheim on Wednesday drew more rave reviews for a player who has become even more indispensable to Liverpool than the Brazilian.

Social media was full of jokes about whether Barcelona realise they are trying to buy the wrong player.

"If Coutinho's 100 and odd million, then Mane's 200 and odd million," said former England striker Ian Wright in a Twitter post that captured the mood on Merseyside.

Bartomeu plots double talks

12:45: Barcelona president Josep Maria Bartomeu is planning to speak to his Liverpool counterparts over a deal for Philippe Coutinho when they meet for the Champions League draw in Monaco today.

Liverpool beat Hoffenheim 6-3 on aggregate to book their place in today’s 5pm group stage draw.

Delegates from all 24 Champions League clubs will descend on the Grimaldi Forum in Monaco and Bartomeu hopes he will be able to speak to officials from Liverpool as Barcelona wait to discover their opponents.

That is according to Barcelona-based newspaper Mundo Deportivo, who claim Bartomeu will also seek out Borussia Dortmund’s chiefs to discuss a deal for Ousmane Dembele.

GETTY

Liverpool Transfer News: Barca will bid for Coutinho again - Balague

United fans are obsessed...

12:00: Manchester United fans are obsessing over whether Philippe Coutinho will leave Liverpool to join Barcelona.

A forum thread on popular United fans’ site redcafe.net has attracted nearly 3,000 posts and more than 270,000 views.

And it’s all over whether Coutinho will make a summer transfer to the Catalan giants.

Despite United doing their own impressive business - Romelu Lukaku and Nemanja Matic appear on course to be two of the signings of the window - it appears the subject of Coutinho is too good to miss out on.

One fan taunted Liverpool and wrote: “What's hilarious about all this is he isn't all that. They'd be much better off taking the money and sorting their defence and getting some depth. They're going to have a s**te season.”

Another agreed and said: “Yes, I think they will come to regret it a lot if they don't take the offer and Barca spends that money on someone else.”

Barca will bid for Coutinho again

11:00: Barcelona feel morally obliged to make another bid for Philippe Coutinho despite knowing it will fail, according to Guillem Balague.

Barcelona are lining up a bid of £138m for the Liverpool star following his official transfer request.

Barca have already had three bids rejected, the last totalling £118m but being made up of a number of payments over time.

And Liverpool will not sell this close to the transfer deadline regardless of the figure Barca come up with.

“The offer FCB is preparing of €150 (110+40) for Coutinho is cause they feel morally obliged after his Transfer Request, but FCB pessimistic abt Couti/Dembl, looking for others,” Balague said on Twitter.